Enter an amount, select your currencies and click Convert. Rates are pulled live from the European Central Bank and updated daily. This converter covers over 30 major world currencies including GBP, USD, EUR, AUD, CAD, JPY, CHF, INR and more.
Currency exchange rates fluctuate constantly based on economic data, interest rate decisions, political events and market sentiment. The rates shown here are mid-market rates — the midpoint between buy and sell prices. Banks and currency exchange services add a margin on top of this rate.
- What is the exchange rate from GBP to USD today?
- Use this live converter to see the current GBP to USD rate. Rates update daily from the European Central Bank. The actual rate you receive when exchanging cash or using a travel card will be slightly different due to fees and margins.
- What is the best way to exchange currency?
- Generally, specialist currency exchange services (such as Wise, Revolut or Post Office Travel Money) offer better rates than high street banks. Avoid airport exchange desks which typically offer the worst rates. Always compare before exchanging large amounts.
- What is a mid-market rate?
- The mid-market rate (also called the interbank rate) is the midpoint between the buy and sell prices for a currency. It is the rate used by banks when trading with each other, and the rate shown on Google and financial sites. Consumer exchange services add a margin to this rate.
- How often do exchange rates update?
- This converter uses European Central Bank reference rates which are published once per business day, typically around 4pm CET. For real-time trading rates, a specialist forex platform would be required.
- How can I get the best exchange rate when travelling?
- Specialist currency exchange services typically offer the best rates for travellers. Wise (formerly TransferWise), Revolut, and Post Office Travel Money generally beat high-street banks. Airport exchange desks almost always offer the worst rates and should be avoided for large amounts. Using a fee-free travel credit card (such as Halifax Clarity or Barclaycard Rewards) for purchases abroad often gives you the interbank rate with no fees.
- What is the difference between mid-market rate and tourist rate?
- The mid-market rate is the midpoint between the buy and sell prices for a currency — it's the rate banks use to trade with each other and the rate shown on Google and financial sites. The tourist rate is what you actually receive at a bank, bureau de change, or through a travel card, which includes a margin (typically 1 to 5%) above the mid-market rate. This converter shows mid-market rates.
- What is the best way to send money internationally?
- For international bank transfers, specialist services like Wise, Revolut, and XE Money Transfer typically offer much better exchange rates and lower fees than high-street banks. For large amounts, it can be worth comparing several providers. Always check the total cost including all fees before transferring.